Topic: SCAM Darkcoin instamine 2 millions DRKs (50% of darkcoin in circulation) - page 43. (Read 82637 times)
April 08, 2014, 05:32:53 PM
April 08, 2014, 04:00:55 PM
kaene, cryptohunter is a 16 year old kid (yes really, self-admitted). Hardly worth the effort.
Don't want DRK? Don't mine it. Trolling for a competitor is counterproductive since it just leaves a bad taste in the public's mouth.
Don't want DRK? Don't mine it. Trolling for a competitor is counterproductive since it just leaves a bad taste in the public's mouth.
April 08, 2014, 03:36:17 PM
hehe they will accuse anyone to hide their scam...
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
You have a serious understanding problem, 500 XCO per block was part of the specifications
Currently the reward formula is controlled by 2222222/(((Difficulty+2600)/9)^2), but originally was controlled by (1111 / (diff+1 ^ 2)) with a maximum cap of 500, so the reward was 500 until diff got to 0.49+ (do your math) as per coin specifications.
Code:
int64 static GetBlockValue(int nBits, int64 nFees)
{
double dDiff =
(double)0x0000ffff / (double)(nBits & 0x00ffffff);
int64 nSubsidy = (1111 / (pow((dDiff+1),2)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 1) nSubsidy = 1;
nSubsidy *= COIN;
return nSubsidy + nFees;
}
And if you follow the thread, some weeks after launch, once diff was always high, seeing that the coin was getting popular and with that formula the reward was going to be misery amount soon, dev updated the reward formula to something that would deliver a more fair amount of coins even a lot of new miners join, that's when 2222222/(((Difficulty+2600)/9)^2) was added (and finally replaced the old one because diff wasn't going to be low enough anymore), just to make it more fair!
There was a problem with difficulty adjustment, this is something that many coins have at launch, diff wasn't adjusting quick enough, and where most devs just ignore the problem, he pushed an update to fix it.
And "All mined in the first 24hours by just a few wallets", go check the block chain, there were more than 1k wallets mining the coin at launch.
I won't deny the first 24 hours produced an important percentage of the total coins (about 2% when cap was 84M and about 9% with the cap at 22M), no one is trying to deny this, but call this scam? This was always public knowledge, not intended and no one lied about it, so everyone who invested or is investing (money or mining) knew and knows this, read the first 10 pages of the thread, it's all there.
Now go and read the first 10 pages of the thread, then read the rest of the thread, and then go find any other coin with a dev dedicating 1/10th of the time DRK's dev is dedicating to deliver more and more features and trying to make it as fair as possible, and then come back and reply.
Please, leave facts when you reply, because we all know you will reply, I'm just hoping this time is something different.
Btw, you are still in time to buy some coins, so please, do it, I'll be happy for you once you see profit in a couple of months.
April 08, 2014, 02:42:38 PM
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
"I'll stop posting $hit about your coin when you send me BTC"
Talk about personal attacks and ignoring the fact that DRK was instamined.
Did you even read what happened and what's the current situation?
99% of what was mined got sold and given away.
Now we have a great coin with a perfect distribution.
No need for hundreds of BTC daily to keep the price.
No big bag holders to dump.
Only a serious coin and serious investors.
You're not going to get free coins, you're not going to damage Darkcoin, so just get a life.
Or, if you think you can do better, launch a better coin, I'm sure everyone will get on it.
P.S. I was late. I mined late. I bought late. I'm not a sore whining looser.
Give us proof of your words! Or you just came up with this stuff ?
April 08, 2014, 01:20:02 PM
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
"I'll stop posting $hit about your coin when you send me BTC"
Talk about personal attacks and ignoring the fact that DRK was instamined.
Did you even read what happened and what's the current situation?
99% of what was mined got soldand given away.
Now we have a great coin with a perfect distribution.
No need for hundreds of BTC daily to keep the price.
No big bag holders to dump.
Only a serious coin and serious investors.
You're not going to get free coins, you're not going to damage Darkcoin, so just get a life.
Or, if you think you can do better, launch a better coin, I'm sure everyone will get on it.
P.S. I was late. I mined late. I bought late. I'm not a sore whining looser.
Was the instamine Sold? definitely
Given away... to whom ?
April 08, 2014, 01:16:40 PM
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
"I'll stop posting $hit about your coin when you send me BTC"
Talk about personal attacks and ignoring the fact that DRK was instamined.
Did you even read what happened and what's the current situation?
99% of what was mined got sold and given away.
Now we have a great coin with a perfect distribution.
No need for hundreds of BTC daily to keep the price.
No big bag holders to dump.
Only a serious coin and serious investors.
You're not going to get free coins, you're not going to damage Darkcoin, so just get a life.
Or, if you think you can do better, launch a better coin, I'm sure everyone will get on it.
P.S. I was late. I mined late. I bought late. I'm not a sore whining looser.
April 08, 2014, 01:15:25 PM
April 08, 2014, 01:00:21 PM
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
"I'll stop posting $hit about your coin when you send me BTC"
Talk about personal attacks and ignoring the fact that DRK was instamined.
April 08, 2014, 12:57:29 PM
What a poor smear campaign attempt on Darkcoin.
Did you even check where several of the top wallets belong? Cryptsy. In fact ~500.000
So keep telling stories.
You don't realise one simple thing. Investors - people with money - are not stupid kids. They know the full story.
I won't even go into details what are the facts. If you're too lazy to read, your fault.
So if you think people will suddenly start dumping or stop mining - you're delusional.
Too anyone with a brain, such attempts and trolling is a clear sign of which coin is successful.
So write all the stories you want, but when the dust settles and all the silly, clone, scam coin die, only the serious, innovative crypost will stay. Such as Darkcoin.
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
Did you even check where several of the top wallets belong? Cryptsy. In fact ~500.000
So keep telling stories.
You don't realise one simple thing. Investors - people with money - are not stupid kids. They know the full story.
I won't even go into details what are the facts. If you're too lazy to read, your fault.
So if you think people will suddenly start dumping or stop mining - you're delusional.
Too anyone with a brain, such attempts and trolling is a clear sign of which coin is successful.
So write all the stories you want, but when the dust settles and all the silly, clone, scam coin die, only the serious, innovative crypost will stay. Such as Darkcoin.
P.S. Let me guess, soon we'll have private messages:
"I'll stop posting $hit about your coin when you send me BTC"
April 08, 2014, 12:43:17 PM
Everyone is dumping the scam dark ponzi coins already .
April 08, 2014, 12:37:02 PM
hehe they will accuse anyone to hide their scam...
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
noob fools saying i think it is nice people mining early get more coins...lol you silly noobs.
you would all be crying when a coin comes out with no wallet and a HUGE HUGE HUGE % of minting is mined in 24hours that you will never have a chance at you silly people.
keep quiet over thing you don't understand.
Just print this to anything they say!!!!!!
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
the more they try to justify or excuse it the more people get to read about the scam..............
in the end they will accept it is best to shut up about it and hope people forget.
LET THEM ARGUE WITH THESE FACTS
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
noob fools saying i think it is nice people mining early get more coins...lol you silly noobs.
you would all be crying when a coin comes out with no wallet and a HUGE HUGE HUGE % of minting is mined in 24hours that you will never have a chance at you silly people.
keep quiet over thing you don't understand.
Just print this to anything they say!!!!!!
1. The block reward was 500 every couple seconds at launch! Not 20 or 50 coins every 2.5 minutes as listed. There was also no windows wallet so only linux users could mine. This allowed about 1.7-2 million Darkcoins to be instamined in the first 24hours. Representing about 50% OF ALL DARKCOINS CURRENTLY IN EXISTENCE!!! All mined in the first 24hours by just a few wallets. Then the rules were changed increasing the block time to 2.5 minutes and eliminating the 500 block reward, (but only after the instaminers had claimed 2 million or so coins first.)
2. Today many of those day 1 instamined coins have already been sold and right now approx 24% of all Darkcoins are held in just 10 wallets. This could be 10 people or it could be simply Evan with 10 different wallets.
3. My opinion is that it is unfair and unfortunate that this occurred and IMO it represents a very real risk to Darkcoin in that there is an opening for a good dev to make an Identical X11 coin that has all the attributes of Darkcoin, plus a few more features, and have a truly fair and equitable launch. The instamining will continue to be brought up as it currently represents about a 10% premine given the Dev recently reduced the total coins that will ever be in existence to around 22million!
the more they try to justify or excuse it the more people get to read about the scam..............
in the end they will accept it is best to shut up about it and hope people forget.
April 08, 2014, 12:35:21 PM
So the first miners got an advantage, that's the way it should be. Are you the moron that was asking for an airdrop or was that someone else? Either way, congratulations OP, you're retarded.
How much of an advantage do you think is fair? please post a number.
For example: 1.5x advantage (as in, early miners get 50% more reward than people mining now)
You said that first miners get advantage and that's the way it should be, it's a simple question, how much of an advantage is fair to you? just give us a number.
April 08, 2014, 12:30:29 PM
So this is basically Anoncoin trying to shit on Darkcoin?
very clever, really very...anoncoins ppl, all you can do is scuming here and there! What the community do you have? .... ehhhh poor guys....
April 08, 2014, 12:29:09 PM
So the first miners got an advantage, that's the way it should be. Are you the moron that was asking for an airdrop or was that someone else? Either way, congratulations OP, you're retarded.
How much of an advantage do you think is fair? please post a number.
For example: 1.5x advantage (as in, early miners get 50% more reward than people mining now)
April 08, 2014, 12:27:07 PM
Looking at the Darkcoin's dev, when people in Bitcointalk talk about the dev's instamine, and it is able to check via Abe explorer.
Today, he decided to do "Airdrop" 2,000,000 DRK ( are you kidding me ?, he instamine 2 millions darkcoins or almost 1.2 million USD)
Such a good dev, if people cannot catch his trick, he will definitely go with his instamine.
Today, he decided to do "Airdrop" 2,000,000 DRK ( are you kidding me ?, he instamine 2 millions darkcoins or almost 1.2 million USD)
Such a good dev, if people cannot catch his trick, he will definitely go with his instamine.
The first 24 hours of the coins existence keep causing us problems, an "airdrop" could be a solution to this. We could airdrop all holders (uniquely verified) with a equal portion of coin. This coin would come from a block in the future that paid 2 million+ coins to a specific address that I hold. We could use some kind of verification system like mastercoin (http://mastercoin-faucet.com/github-intro)
The airdrop would be a month or so into the future, so it would give users time to buy coins and become holders creating some demand. Also, we'd have a much larger market cap and the argument about the first 24 hours would become invalid.
How would you get a part of the airdrop?
- You must own 100DRK ( if you're new to Darkcoin but want to be part of the drop, you would need to purchase 100DRK ).
One of the following:
- Github: To redeem this reward, you need either at least three public repositories and your account must be older than August 1, 2013
- Reddit: To redeem this reward, you need a Reddit account with more than 100 karma.
- Bitcointalk: To redeem this reward you need an activity score above 10 as well as at least 10 posts
Any of these accounts would need to be created before April 1, 2014.
Vote!
The airdrop would be a month or so into the future, so it would give users time to buy coins and become holders creating some demand. Also, we'd have a much larger market cap and the argument about the first 24 hours would become invalid.
How would you get a part of the airdrop?
- You must own 100DRK ( if you're new to Darkcoin but want to be part of the drop, you would need to purchase 100DRK ).
One of the following:
- Github: To redeem this reward, you need either at least three public repositories and your account must be older than August 1, 2013
- Reddit: To redeem this reward, you need a Reddit account with more than 100 karma.
- Bitcointalk: To redeem this reward you need an activity score above 10 as well as at least 10 posts
Any of these accounts would need to be created before April 1, 2014.
Vote!
Is English not your first language or is this a simple case of retardation? This was an idea - a bad idea, by his own admission - for which he requested feedback. Nothing more. It has since been nixed.
If your vagina hurts because you weren't there to mine the first day, just admit it. That's ok. But why would you post something as idiotic and demonstrably false as you just did? In the real world, this sort of thing would get you sued for libel.
Is your memory broken or are you fully retarded?
LOL weren't there to mine??? sorry but don't promote lies. Lies lies lies all spun into an web of deceit ... sorry but we can't allow it to proceed.
80% of the people that turned up at launch could NOT mine - guess why??? there were no windows qt nor any pools. It was an instamine turkey shoot with the dev and couple of buddies for 50% of the current minting.
There you want to deal in truth... tell me that is incorrect.
these drk devils can't stop lying. Dark coin is a great name - keep it. I know you are thinking of changing it but only to something like devious coin, demonic scam coin, devil coin, dirtycoin.
Yes the winner - dirtycoin.
I think there needs to be another vote. You can't ask thieves if they would like to retain their loot LOL what a funny idea.
You must not let people scam you and then shout you down with "is your butthurt" "is your vagina hurt".... enjoy those comments they display desperation. The more angry they get the more worried they are.
+1000000
April 08, 2014, 12:23:12 PM
Darkcoin has better distribution than most coins out there right now. I could give a shit less how it got to that point.
Might be more convincing without Anoncoin in your username.
Might be more convincing without Anoncoin in your username.
April 08, 2014, 12:20:58 PM
So the first miners got an advantage, that's the way it should be. Are you the moron that was asking for an airdrop or was that someone else? Either way, congratulations OP, you're retarded.
How much of an advantage do you think is fair? please post a number.
For example: 1.5x advantage (as in, early miners get 50% more reward than people mining now)
April 08, 2014, 12:19:31 PM
So the first miners got an advantage, that's the way it should be. Are you the moron that was asking for an airdrop or was that someone else? Either way, congratulations OP, you're retarded.
April 08, 2014, 12:13:46 PM
So this is basically Anoncoin trying to shit on Darkcoin?
This is DRK being instamined.
Period.
April 08, 2014, 12:12:56 PM
So this is basically Anoncoin trying to shit on Darkcoin?
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